Creative Eye (India) Probability of Target Price Finishing Over Current Price

    CREATIVEYE -- India Stock  

    INR 3.00  0.00  0.00%

    Creative Eye probability of target price tool provides mechanism to make assumptions about upside and downside potential of Creative Eye Limited performance during a given time horizon utilizing its historical volatility. Please specify Creative Eye time horizon, a valid symbol (red box) and a target price (blue box) you would like Creative Eye odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    Creative Eye Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     3.00 30 days 3.00  ABOUT 87.83%
    Based on normal probability distribution, the odds of Creative Eye to move above current price in 30 days from now is about 87.83% (This Creative Eye Limited probability density function shows the probability of Creative Eye Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Creative Eye Limited has beta of -0.1538 . This suggests as returns on benchmark increase, returns on holding Creative Eye are expected to decrease at a much smaller rate. During bear market, however, Creative Eye Limited is likely to outperform the market. Additionally Creative Eye Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Creative Eye Price Density 
          Price 
    α
    Alpha over DOW
    =0.36
    β
    Beta against DOW=0.15
    σ
    Overall volatility
    =0.16
    Ir
    Information ratio =0.22

    Creative Eye Alerts

    Creative Eye Alerts and Suggestions

    Creative Eye Limited is not yet fully synchronised with the market data
    Creative Eye Limited has high likelihood to experience some financial distress in the next 2 years
    The company reported revenue of 100.42 M. Net Loss for the year was (54.82 M) with loss before overhead, payroll, taxes, and interest of (25.43 M).

    Price Density Drivers

    Creative Eye Health Indicators

    Float Shares7.99M
    Average Daily Volume Last 10 Day479
    Average Daily Volume In Three Month1.37k
    Check also Trending Equities. Please also try Coins and Tokens Correlation module to utilize digital token correlation table to build portfolio of cryptocurrencies across multiple exchanges.
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